Gorgio sees equipment for $31,500 in 2020. He used in his business. He purchased the equipment on September 1, 2018. The equipment cost of $22,00 and has been depreciated by $6,600.. What is the amount and classification of the gain to Georgio?

Select one: a. $9,500 Section 1231 gain. b. $16,100 Section 1231 gain. c. $6,600 ordinary income under Section 1245 and $9,500 Section 1231 gain. d. $16,100 ordinary income under Section 1245.